Within weeks, EnerDel expects to receive notification that it’s getting as much as $480 million in financing under a U.S.
Department of Energy program aimed at fostering advanced vehicle manufacturing.
The Democrat-led Indiana House has approved a new state budget that now heads to the Republican-ruled Senate for a major overhaul. Republican leaders in the Senate hope to outline their budget proposal tomorrow, and changes could be made to the House budget that same day. The Senate will likely revamp the spending plan to be […]
Supporters of a state program that invests in high-tech startups are rallying to restore its $70 million appropriation to a budget proposal under consideration by legislators. Democrats who control the Indiana House of Representatives advanced their version of a new state budget to the full chamber Monday after the House Ways and Means Committee endorsed […]
Supporters of a state program that invests in high-tech startups are rallying to restore its $70 million appropriation to a budget proposal under consideration by legislators. Democrats who control the Indiana House of Representatives advanced their version of a new state budget to the full chamber Monday after the House Ways and Means Committee endorsed […]
A proposal to help a struggling Indianapolis sports board hit a legislative speed bump yesterday, while a plan to move a Gary casino seems to have reached a dead end. The Democrat-led House Ways and Means Committee made several changes to Republican Gov. Mitch Daniels’ plan to help the Indianapolis Capital Improvement Board, which runs […]
Two chemistry professors at IUPUI are laboring to create the McDonald’s of research laboratories – low-cost and all over the world. Bill Scott and Martin O’Donnell have started a project called Distributed Drug Discovery, trying to lure in researchers and students at universities around the globe to collaborate over the Internet to discover new drugs. […]
A proposal to help a struggling Indianapolis sports board hit a legislative speed bump today, while a plan to move a Gary casino seems to have reached a dead end. The Democrat-led House Ways and Means Committee made several changes to Republican Gov. Mitch Daniels’ plan to help the Indianapolis Capital Improvement Board, which runs […]
IBJ staff Indiana Insurance Commissioner Jim Atterholt will leave his post to fill a vacancy on the Indiana Utility Regulatory Commission, Gov. Mitch Daniels’ office announced yesterday. Atterholt, a former Republican state legislator from Indianapolis, will replace Greg Server, another former legislator, who resigned after serving a four-year term. Replacing Atterholt will be Carol Cutter, […]
Democrats who control the Indiana House advanced their version of a new state budget to the full chamber yesterday with little sign that it will gain much if any support from outnumbered Republicans. The House Ways and Means Committee endorsed the plan on a 15-10 party-line vote after approving several amendments to the one-year spending […]
Republican Gov. Mitch Daniels’ budget proposal includes a scholarship tax credit that supporters say would give poor students the opportunity to attend private schools, but opponents say would open the door to vouchers. Daniels’ budget proposal includes a 50-percent tax credit for donations to a not-for-profit scholarship-granting organization that helps students from low-income families attend […]
Jeremy Efroymson recently agreed to return to the financially flailing Indianapolis Museum of Contemporary Art as its executive
director and work for free. Efroymson, one of the museum’s early leaders, has a strategy for seeing IMOCA through a financial
rough spot, but what remains unclear is how the museum will wean itself off his support.
Lawmakers mull ‘cash for clunkers’ rebate program Consumers could receive rebates of up to $4,500 for turning in their gas-guzzling cars and trucks for more fuel-efficient vehicles under a U.S. House proposal. President Barack Obama has urged Congress to approve consumer incentives for new car purchases as part of the government’s efforts to reorganize General […]
Special session will be longer than all had hoped before because of multiple unresolved issues
Democrats in the Indiana House have revived the idea of creating an Indiana bridge authority that would negotiate with Kentucky for major Ohio River bridge projects linking the two states. Democrats included language creating the bridge authority in their one-year spending plan introduced Thursday that’s being considered in the General Assembly’s special session. Gov. Mitch […]
The tag line says it all: “Faculty Needed Now.” That’s the message Ivy Tech Community College is taking throughout the state to try to find 300 to 400 professors to teach its rapidly expanding student body. The school launched an online advertising campaign focused on the 75 cities and towns in which it operates. The […]
Jeremy Efroymson considers himself a venture philanthropist. The 40-year-old arts enthusiast and adviser to the $127 million Efroymson Fund has backed a number of startup projects. One of his boldest moves was to help launch the Indianapolis Museum of Contemporary Art, or IMOCA, which has exhibited nationally known artists since 2003. He also started the […]
Indiana will receive more than $21 million in additional funds for job training and other services to workers who lose employment due to outsourcing and foreign trade, the U.S. Labor Department said today. Only four states – Michigan, Pennsylvania, California and North Carolina – are receiving more money than Indiana. The funds are part of […]
Scott Olson [email protected] The Indiana Office of Management & Budget yesterday released details of two studies used to arrive at the $13 million it said could be saved by combining the Capital Improvement Board and the Marion County Building Authority into one organization. State officials initially had declined to make the studies available to the […]
The Indiana Office of Management & Budget yesterday released details of two studies used to arrive at the $13 million it said could be saved by combining the Capital Improvement Board and the Marion County Building Authority into one organization. State officials initially had declined to make the studies available to the public. Indiana Gov. […]
By J.K. [email protected] Eli Lilly and Co. has joined three of its fiercest rivals to invest $40 million in a Massachusetts-based biotech company with potentially breakthrough drug technology. Aileron Therapeutics announced the funding Monday from Indianapolis-based Lilly, as well as Novartis AG and Roche Holding AG, both based in Switzerland, and GlaxoSmithKline PLC, based in […]
